The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
Most Recent
The British pound demonstrated a modest rebound during Friday's trading session, finding support from the crucial 50-Day Exponential Moving Average
The silver market showed signs of stabilization during Friday's session, initially gapping lower but then bouncing back.
The natural gas market recently experienced a slight decline during early electronic trading in the Friday session.
The British pound faced an initial plunge against the Japanese yen during Friday's trading session following the Bank of Japan's announcement of its intention to relax some yield curve control policies,
The S&P 500 exhibited a modest rally during Friday's trading session, characterized by the prevailing noisy trading environment.
The AUD/USD experienced a significant decline during Friday's trading session, nearly touching the 0.66 level before witnessing a bounce.
The US dollar has experienced considerable volatility against the Japanese yen during Friday's trading session, primarily influenced by the Bank of Japan's decision to loosen monetary control.
The gold market witnessed a notable rally during Friday's trading session, indicating a continued upward trend over the longer term.
The EUR/USD will begin tomorrow’s trading near the 1.10130 ratio.
Bonuses & Promotions
The GBP/USD will start the coming week near the 1.28470 ratio after a week of rather choppy results being displayed.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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The S&P 500, not being a market-cap weighted index, saw a notable uptick in electronic trading overnight after Meta beat estimates and rose by an impressive 6.4% in after-hours trading.
In the trading session on Thursday, silver exhibited a notable rally, catching the attention of market participants.